China Travel Deals, China Tourist, China Vacation, Chinese Travel

China’s generating equipment industry will still see a large market space in the long run. During the 11th Five-year Plan period, China will maintain a power construction scale of about 30-40 million kW each year. The state will actively engage in the hydropower construction with an installation rate reaching 23%-25%, and continue to reduce small-sized thermal power station construction while introducing high-parameter, high- efficiency and supercritical thermal power units with sigle-unit capacity over 300 000 kW, and properly develop the new green power projucts like nuclear power, natural gas power, wind-power and solar power.

According to the national development programming of energy resource, installed capacity of hydropower will up to 160 million kW by 2010, accounting for some 24% of the total; installed capacity of nuclear power will reach 12.5 million kW, accounding for about 2% of the total. During the 11th Five-year Plan period, the annual average investment in hydropower and nuclear power will be RMB 35 billion and 20 billion respectively.

Although, the investment in hydropower and nuclear power is currently less than that in the thermal power, however, the relevant equipment manufactures still can gain considerable benefit considering the high concentration degree as well as gradual increase rate of nationalization. During the 12th Five-year Plan period (2011-2015), China will further enlarge the investment in hydropower and nuclear power with an average sum of RMB 75 billion and 35 billion per year respectively. By the end of the 12th Five-year Plan period, the installed capacity of hydropower and nuclear power will reach 230 million kW respectively, accounting for 25% and 4% of the total separately. Wind power will also grow rapidly as a typical renewable resource.